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Air China has gained more than 7% earnings and more than 50%

Source: Internet
Author: User
Keywords Cost net profit Citi Air China bottom stop
Tags .net air china buy rating control cost cost control high market
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Air China this morning, the stock price upward, due to more than half a profit and more than 50%, the pan of 4.24 yuan, Rob High 7.07%, the latest reported 4.18 Yuan, 5.56%, turnover 35.73 million yuan.　　Air China is expected to make a profit by the end of June this year, the mid-term results will increase by more than 50%, mainly because of the year-on-year decline in fuel procurement costs, the domestic air passenger transport market steady growth, and national industry support policy implementation and other factors, plus its effective cost control. Citi said it maintained a buying rating and a target price of 4.7 yuan for the first half of Air China's net profit after Air China's earnings, with a 500 million per cent from the operating level and the remainder from the hedging of aviation oil.

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